(0,8107) EUR/GBP confirmed a weak closing last night below the low of the previous session suggesting further weakness toward the support line at 0,8064. The indicators of the daily chart are still well negative as well as those of the s/t ones supporting further weakness. Further and now more clear bullish divergences in the hourly chart confirm a negative tone suggesting lower levels. In the s/t only an hourly closing above 0,8125 will postpone further weakness suggesting a possible extension of a correction toward the 200 hours line at 0,8156!! We stay on the sideline waiting for higher levels to sell!!
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Future Trend Research